Director dealings: Headlam Group director makes share purchase

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Sharecast News | 28 Jul, 2020

Updated : 16:18

Headlam Group revealed on Tuesday that non-executive director Keith Edelman had acquired 7,059 ordinary shares in the London-listed floor coverings business.

Edelman, the chairman of Revolution Bars, purchased the shares at an average price of 281.90p each, for a total value of £19,899.32.

On Monday, Headlam said trading had been "resilient and broadly in-line" with that of the prior year until Downing Street's Covid-19 lockdown measures came into effect in late March.

However, first-half revenues came in 30.6% lower year-on-year at £242.1m as a result of stores shuttering.

As of 1620 BST, Headlam shares were down 2.11% at 279.0p.

Top Director Buys

St. Modwen Properties (SMP)
Director name: Gray,Danuta
Amount purchased: 8,361 @ 302.00p
Value: £25,250.22

Headlam Group (HEAD)
Director name: Edelman,Keith
Amount purchased: 7,059 @ 281.90p
Value: £19,899.32

St. Modwen Properties (SMP)
Director name: Whitney,Sarah
Amount purchased: 6,665 @ 298.38p
Value: £19,887.03

Imi (IMI)
Director name: Dowling,Caroline
Amount purchased: 1,714 @ 1,065.00p
Value: £18,254.10

St. Modwen Properties (SMP)
Director name: Whitney,Sarah
Amount purchased: 3,061 @ 302.00p
Value: £9,244.22

Synectics (SNX)
Director name: Bedford,David
Amount purchased: 5,000 @ 124.99p
Value: £6,249.25

St. Modwen Properties (SMP)
Director name: Whitney,Sarah
Amount purchased: 1,706 @ 299.43p
Value: £5,108.28

Top Director Sells

Micro Focus International (MCRO)
Director name: Murdoch,Stephen
Amount sold: 4,034 @ 282.00p
Value: £11,375.88

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